At the same time, the Ebola virus also presents potential economic implications. For example, Katy Barnato of CNBC has reported that if the virus continues to grow, it could disrupt a number of markets:
- 66%+ of the world’s supply of cocoa produced in West African countries.
- West Africa hosts iron ore and gold mining projects and produces oil, copper, cobal, and aluminum.
- Exxon Mobil had has stopped plans to drill for oil off the Liberian coast, banning employees from traveling to the areas with heavy Ebola outbreaks.
A Deutsch Bank analyst, Anna Mulholland, reports that that the countries affected by the Ebola outbreak—like the European Union and the United States—could see food prices rise, as harvests are disrupted and consumers make food purchases in a panic.
Let the discussion begin…
To read Katy Barnato’s report, clidk on the following link:
"Ebola epidemic: Which sectors to watch."